Tax reconciliation has become a crucial, globally recognized tool for businesses of all sizes. Once primarily a concern for large corporations, it has now evolved into a vital strategy for small and medium-sized enterprises (SMEs) to optimize their tax positions. With the global shift toward standardized financial reporting and the rise of digitalization, tax reconciliation has become indispensable, helping businesses navigate today’s intricate tax landscapes with greater efficiency and confidence.

In Costa Rica, the March 15 deadline for submitting income taxes is fast approaching—making this the perfect time to take action. Tax reconciliation is more than just a compliance task; it’s a valuable opportunity to uncover tax-saving strategies before you file. By refining your financial records and identifying potential deductions or credits, a well-executed tax reconciliation can directly impact your tax liability, helping you save significantly. With the deadline quickly closing in, now is the time to optimize your tax strategy and secure your business’s financial future.

At Dentons, we offer expert guidance to help you make the most of a tax reconciliation. We are always seeking opportunities to protect and advance our clients' interests, ensuring you maximize your tax efficiency.

Don’t let this opportunity slip away—contact us today to learn how you can take full advantage of tax reconciliation before the March 15 deadline.